Royal Bank of Canada increased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 9.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,942,219 shares of the company’s stock after buying an additional 173,005 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 500 Quality ETF were worth $130,188,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of SPHQ. Bernard Wealth Management Corp. bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at about $26,000. Millstone Evans Group LLC acquired a new position in Invesco S&P 500 Quality ETF during the 4th quarter worth $33,000. Briaud Financial Planning Inc acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at $34,000. Luken Investment Analytics LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at about $40,000. Finally, Lee Danner & Bass Inc. bought a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $40,000.
Invesco S&P 500 Quality ETF Stock Up 0.7%
Shares of Invesco S&P 500 Quality ETF stock opened at $70.45 on Monday. The stock has a market cap of $13.30 billion, a PE ratio of 27.61 and a beta of 0.95. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $71.22. The business has a fifty day simple moving average of $65.42 and a 200 day simple moving average of $67.53.
About Invesco S&P 500 Quality ETF
The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap.
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